Thursday, June 25, 2009


Black Templars on a Forest Patrol


I expect continued consolidation primary between the 895-910 area on the SPX. I am short 10 names with 5% allocated per position for a total of 50%. The names are as follows: PCU, TTI, WTI, HLX, TC, JRCC, HOC, TSO, SD, CRZO. I see that futures are up +1%. I made a good +1.73% yesterday, so I am willing to sacrifice all of those gains if the market breaks out of the range today.

No comments: